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WASHINGTON -- It’s late June and Washington has no budget, no agreement on health care reform, no sign of tax reform, growing worries about a government shutdown this fall and a looming crisis over the federal debt limit. How did…


The federal government’s financial problems are so large that all parts of the budget -- from entitlements to defense spending to tax breaks -- should be considered “on the table” for fiscal reform discussions. Comprehensive, lasting reform will require substantial…


After a recent “Budgets & Beers” presentation concerning federal budget problems -- notably a massive and growing debt -- I was asked: “What hope do we have for the future?” That is a good question, one that comes up frequently…


President Trump’s nominee for chairman of the Council of Economic Advisers (CEA), Kevin Hassett, appeared before the Senate Banking, Housing and Urban Affairs Committee for his confirmation hearing on Tuesday. The nomination of Hassett, an American Enterprise Institute economist, received broad…


Treasury Secretary Steve Mnuchin warned lawmakers recently that the deadline to raise or suspend the federal debt limit may be sooner than previously thought. The change is due to lower-than-expected tax receipts in April, which is typically the best month of the…


The Trump administration’s budget plan rests heavily on the assumption that the American economy will grow much more rapidly in the next decade than the Congressional Budget Office (CBO) and many private-sector economists have projected. The Concord Coalition, the Committee for…


Leading policymakers in both parties, business leaders and prominent experts on the federal budget generally agreed at a Washington policy forum Tuesday that the United States faces difficult fiscal challenges and should act soon to deal with them. “Addressing our…


Members and guests of the Charlotte Economics Club in North Carolina gathered for a luncheon on May 18 to hear a trio of fiscal policy experts discuss the massive budgetary challenges facing the nation. Robert Bixby, executive director of The…


WASHINGTON -- The Concord Coalition expressed disappointment today in President Trump’s first budget proposal, saying it relies on improbable assertions of higher economic growth and unrealistic assumptions about future spending cuts to achieve its goal of balancing the budget in…


Earlier this year President Trump said he would like to have a balanced budget “eventually” but not at the expense of higher spending on the military. Robert L. Bixby, executive director of The Concord Coalition, called Trump’s comment “troubling because it indicates…


Amid all the debate in Washington on health care, taxes and other things, the congressional budget process for the coming year is already behind schedule and seems to have almost been forgotten. Congress has yet to even consider a Fiscal…


Last week, Treasury Secretary Steven Mnuchin and Gary Cohn, chairman of President Trump’s Council of Economic Advisers, unveiled a one-page document that laid out the administration’s priorities for tax reform. While a document with such little detail could hardly be…

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